Glacier Peak Capital LLC Raises Position in National Western Life Group Inc (NWLI)

Glacier Peak Capital LLC boosted its holdings in shares of National Western Life Group Inc (NASDAQ:NWLI) by 11.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 3,317 shares of the financial services provider’s stock after acquiring an additional 354 shares during the period. Glacier Peak Capital LLC owned 0.09% of National Western Life Group worth $1,011,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Swiss National Bank grew its holdings in National Western Life Group by 10.1% during the 4th quarter. Swiss National Bank now owns 4,349 shares of the financial services provider’s stock worth $1,440,000 after acquiring an additional 400 shares during the period. Teacher Retirement System of Texas acquired a new stake in National Western Life Group during the 4th quarter worth $272,000. Allianz Asset Management GmbH acquired a new stake in National Western Life Group during the 4th quarter worth $623,000. SG Americas Securities LLC grew its holdings in National Western Life Group by 369.6% during the 4th quarter. SG Americas Securities LLC now owns 1,686 shares of the financial services provider’s stock worth $558,000 after acquiring an additional 1,327 shares during the period. Finally, Schroder Investment Management Group grew its holdings in National Western Life Group by 10.7% during the 4th quarter. Schroder Investment Management Group now owns 62,561 shares of the financial services provider’s stock worth $20,709,000 after acquiring an additional 6,062 shares during the period. 79.60% of the stock is owned by hedge funds and other institutional investors.

A number of analysts have commented on the stock. BidaskClub lowered shares of National Western Life Group from a “hold” rating to a “sell” rating in a report on Monday, May 14th. ValuEngine lowered shares of National Western Life Group from a “buy” rating to a “hold” rating in a report on Monday, April 2nd.

In other National Western Life Group news, Director E Douglas Mcleod sold 206 shares of National Western Life Group stock in a transaction on Monday, May 21st. The shares were sold at an average price of $304.61, for a total transaction of $62,749.66. Following the completion of the sale, the director now owns 3,000 shares of the company’s stock, valued at approximately $913,830. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Frances A. Moody-Dahlberg sold 167 shares of National Western Life Group stock in a transaction on Thursday, March 29th. The stock was sold at an average price of $304.88, for a total transaction of $50,914.96. Following the sale, the director now directly owns 2,850 shares of the company’s stock, valued at approximately $868,908. The disclosure for this sale can be found here. 0.52% of the stock is currently owned by insiders.

NWLI traded down $1.73 during trading on Thursday, reaching $310.00. 2 shares of the company’s stock were exchanged, compared to its average volume of 8,638. National Western Life Group Inc has a fifty-two week low of $276.00 and a fifty-two week high of $368.00. The firm has a market capitalization of $1.15 billion, a PE ratio of 10.58 and a beta of 1.32.

About National Western Life Group

National Western Life Group, Inc, through its subsidiary, National Western Life Insurance Company, operates as a stock life insurance company. It operates through Domestic Life Insurance, International Life Insurance, and Annuities segments. The company provides life insurance products for the savings and protection needs of policyholders; and annuity contracts for the asset accumulation and retirement needs of contract holders.

Institutional Ownership by Quarter for National Western Life Group (NASDAQ:NWLI)

Receive News & Ratings for National Western Life Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Western Life Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply